I've had little hands-on with the 47 and none with the 74, but I like the idea of the 74.
As with most questions of this nature, it comes down to what you're going to do with it. So...
Are you going to the range to practice marksmanship or just to spread lead?
The reason I ask is, a question of accurate ammo comes up.
Do either firearms have match-grade ammo readily available?
As a for instance, say my AR shoots 2.5" groups at 100 yds with run-of-the-mill ammo. I will not be able to practice marksmanship with that ammo. So, unless I'm using match-grade stuff (which is readily available), I don't even bother with sharpshooting skills. To me, this means I'm not gonna get better at shooting, but I will get more acquainted with my rifle.
The AK family of firearms has a lot of interesting offspring but if I can't hit my POA due to a lack of precision ammo...
"Only accurate rifles are interesting" is an oft repeated quote, but you'll never know which one is accurate if you can't find the appropriate ammo.
My personal opinion...
I have a high appreciation for the design aspects of the AK family of firearms but, being a Cold War vet, I'll be god-damned if I buy any Russian or Chinese ammo. Keep those dollars at home.
I've heard the best ammo for the 74 is Hornady Vmax but I'm not interested enough in the AKs to know.
Last edited by funfred; 09-27-2014 at 09:26 AM.